£367,085
This estimated value is based upon the latest sale price for the house of £292,000 on 18 Dec 2017. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £292,000 | 18 Dec 2017 |
| £71,000 | 29 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in December 2017 the House Price Index for WEST MIDLANDS was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £292,000 results in an estimated price of approximately £367,085.
| 18 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £292,000 | £75,085 | £367,085 |
The Postcode Pricing Model uses changes in average sales price within the B14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 12.037 % | £35,148 | £327,148 |
| 3 Month Average | 4.409 % | £12,872 | £304,872 |
| 6 Month Average | 19.170 % | £55,977 | £347,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £557,123 | £550,000 | 36 TENBURY ROAD |
| 28 Apr 2023 | £252,721 | £250,000 | 85 GROVE ROAD |
| 20 Mar 2023 | £429,042 | £425,000 | 20 WESTMINSTER DRIVE |
| 14 Feb 2023 | £330,777 | £331,000 | 81 FEATHERSTONE ROAD |
| 17 Jan 2023 | £298,593 | £300,000 | 107A GROVE ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 19 Sep 2017. Using an estimated price of £367,085 means this house is valued at £3,745 per sq meter (£347 per sq foot).
The average size of a house on WESTMINSTER DRIVE is 113 sq meters (1,216 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Westminster Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenbury Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Tenbury Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenbury Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Tenbury Road |